| Author (Person) | Gotev, Georgi |
|---|---|
| Series Title | EurActiv |
| Series Details | 26.02.15 |
| Publication Date | 26/02/2015 |
| Content Type | News |
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Cypriot President Nicos Anastasiades was scheduled an official visit to Russia in February 2015 and applauded with his host and counterpart Vladimir Putin the close ties linking the two countries. Mr Putin pointed out that Russian investment in Cyprus was at 80% of the total for the small island country, amounting to $33 billion. The Russian leader added that Cyprus is one of the most popular destinations for Russian tourists, who need no visa to visit the EU country. More than 600,000 Russians visited the island last year, an increase of nearly 5%, he said. Mr Anastasiades praised the cooperation with Russia, and thanked his counterpart for the renegotiation of the terms of a €2.5 billion credit Russia provided to Cyprus at the peak of its economic crisis. He also regretted that the Ukraine crisis necessitated the adoption of sanctions by the European Union vis-à-vis Russia. Mr Anastasiades had stated earlier in the month that he was in talks with the Russian government to let its military ships and planes use Cypriot ports and airstrips in case of humanitarian operations or in emergency situations. |
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| Source Link | http://www.euractiv.com/sections/global-europe/putin-and-anastasiades-celebrate-their-cooperation-312440 |
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| Countries / Regions | Cyprus, Russia |
